Nev. Rev. Stat. § 372.327

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 372.327 - Loan or donation to United States, State, political subdivision or religious or eleemosynary organization

There are exempted from the taxes imposed by this chapter on the storage, use or other consumption of tangible personal property any such property loaned or donated to:

1. The United States, its unincorporated agencies and instrumentalities.
2. Any incorporated agency or instrumentality of the United States wholly owned by the United States or by a corporation wholly owned by the United States.
3. The State of Nevada, its unincorporated agencies and instrumentalities.
4. Any county, city, district or other political subdivision of this State.
5. Any organization created for religious, charitable or eleemosynary purposes, provided that no part of the net earnings of any such organization inures to the benefit of any private shareholder or individual.

NRS 372.327

[50.2:397:1955]-(Added in 1988. Proposed by the 1987 Legislature; adopted by the people at the 1988 general election, effective January 1, 1989. See Statutes of Nevada 1987, p. 406.)
[50.2:397:1955] - (Added in 1988. Proposed by the 1987 Legislature; adopted by the people at the 1988 general election, effective 1/1/1989. See Statutes of Nevada 1987, p. 406.)